Stevens Family Foundation Inc

BOONE, NC EIN: 56-1824646 Website

Stevens Family Foundation Inc. is a private foundation based in Lenoir, North Carolina (with records also indicating Boone, NC). The foundation is dedicated to supporting community service organizations and the arts in the local area, with a particular focus on Caldwell County.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

+3.9% YoY

Annual Giving

$232K

+15.7% YoY

Grant Count

-17.1% YoY

Avg Grant Size

$8K

+39.7% YoY

Under IRS private-foundation payout rules, Stevens Family Foundation Inc reported a distributable amount of $275K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to give back to the community by providing grants to community service organizations and the arts in the area. Primary funding focus areas include:

Community Services
The Arts
Education
Human Services
Philanthropy, Voluntarism & Grantmaking

Grantmaking

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Caldwell County, North Carolina, with some giving activity also noted in Georgia.

Grant Distribution by State

North Carolina $1.1M (94%)

Georgia $12K (1%)

Indiana $11K (1%)

South Carolina $11K (1%)

District of Columbia $10K (1%)

Louisiana $10K (1%)

Maryland $5K (0%)

New York $5K (0%)

+1 more states

States

District of Columbia Georgia Indiana Kansas Louisiana Maryland North Carolina New York South Carolina

Cities

AshevilleAtlantaBalsamBaltimoreBooneBrooklynCharlotteCulverDeep GapGastoniaGranite FallsHickoryHudsonLenexaLenoirNew OrleansPattersonRaleighSpartanburgWashington

Financial History

Multi-year comparison from IRS filings

Total Assets: $3,880,219
Total Annual Giving: $232,000

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,880,219	$3,735,860	$3,800,695
Revenue	$412,934	$171,738	$121,668
Expenses	$268,575	$236,573	$324,521
Qualifying Distributions	$259,421	$225,710	$310,955
Net Investment Income	$400,447	$160,505	$112,020
Distributable Amount	$274,801	$257,391	$266,547

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

170 grants across all recorded years

Open Grants

1 open opportunity from Stevens Family Foundation Inc

Foundation

Stevens Family Foundation Grant

STEVENS FAMILY FOUNDATION INC

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Helping Hands Clinic Inc ($25,000), Caldwell Arts Council ($20,000), Caldwell County Yokefellow ($20,000).

Recipient	Purpose	Amount
BETHEL COLONY OF MERCY LENOIR, NC	GENERAL SUPPORT	$10,000
BROYHILL SENIOR CENTER LENOIR, NC	GENERAL SUPPORT	$2,000
BUFFALO COVE OUTDOOR EDUCATION CENTER DEEP GAP, NC	GENERAL SUPPORT	$2,000
CALDWELL ARTS COUNCIL LENOIR, NC	GENERAL SUPPORT	$20,000
CALDWELL COMMUNITY COLLEGE FOUNDATION LENOIR, NC	GENERAL SUPPORT	$15,000
CALDWELL COUNCIL ON ADOLESCENT HEALTH LENOIR, NC	GENERAL SUPPORT	$1,500
CALDWELL COUNTY YOKEFELLOW LENOIR, NC	GENERAL SUPPORT	$20,000
CALDWELL FRIENDS LENOIR, NC	GENERAL SUPPORT	$2,000
CALDWELL HERITAGE MUSEUM LENOIR, NC	GENERAL SUPPORT	$2,000
CALDWELL HOSPICE & PALLATIVE CAREAMOREM LENOIR, NC	GENERAL SUPPORT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
J WILLIAM STEVENS	PRESIDENT	1	—
RICHARD D STEVENS	SEC/TREAS	1	—
ANNE HSU	BOARD MEMBER	—	—
JAMES W STEVENS	BOARD MEMBER	—	—
JOHN F STEVENS	BOARD MEMBER	—	—
MARTHA S SUTTON	VICE-PRES	1	—
REBECCA S ELLIOTT	BOARD MEMBER	—	—

Recent News & Activity

Recent developments and announcements

The foundation maintains an active grant program with 1 live grant opportunity listed as of the most recent reporting period.

Frequently Asked Questions

What does Stevens Family Foundation Inc fund?

The foundation's mission is to give back to the community by providing grants to community service organizations and the arts in the area. Primary funding focus areas include: • Community Services • The Arts • Education • Human Services • Philanthropy, Voluntarism & Grantmaking

How do I apply for a grant from Stevens Family Foundation Inc?

**Grant Amounts:** Typical awards range from $500 to $25,000. **Eligibility Requirements:** • Applicant organizations must have a valid 501(c)(3) designation with the Internal Revenue Service • Grants are exclusive to charitable organizations • Organizations must not engage in political lobbying or discrimination **Application Process:** • Applications are considered and grants awarded from May 1 to October 31 • Applications received after October 31 will be deferred for consideration until the…

Where does Stevens Family Foundation Inc make grants?

The foundation primarily funds organizations in Caldwell County, North Carolina, with some giving activity also noted in Georgia.

What size grants does Stevens Family Foundation Inc award?

In 2024, Stevens Family Foundation Inc awarded 29 grants totaling $232K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Stevens Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stevens Family Foundation Inc reported a distributable amount of $275K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.